Electric car maker Tesla announced in a regulatory filing that the Securities and Exchange Commission has closed a previously announced investigation while also launching another, this time into Tesla’s financing arrangements.
In a Form 10-K, filed Thursday, Tesla said the SEC issued a subpoena on Dec. 4, 2019, “seeking information concerning certain financial data and contracts including Tesla’s regular financing arrangements.” Separately, the filing stated the Department of Justice has asked that Tesla “voluntarily provide it with information” about matters relating to taking Tesla private and Model 3 production rates.
